The Government must not its commitment to funding major public transport in English cities because of Covid-19, the National Infrastructure Commission has said.
NIC chairman Lord Armitt makes the point in a letter to the Chancellor, Rishi Sunak.
“While the impact of Covid-19 on future behaviour is uncertain, I would urge caution over speculation about a flight from the cities post-pandemic, which runs contrary to long-term trends in the attractiveness and resilience of cities,” says Armitt.
“Urban public transport investment – and particularly starting to plan now for the transformative new projects – remains key to supporting future economic growth and levelling up the country.
“More broadly, there is a need to boost the connectivity of towns and cities outside the southeast of England, to reduce regional inequalities.
“The current crisis is only likely to sharpen economic disadvantage in long struggling communities, and upgrading transport and broadband connections (alongside skills) has the potential to improve economic opportunities.”
Armitt also recommends the creation of a domestic replacement for the European Investment Bank. A UK national infrastructure bank could play a “major financing role and crowd-in private capital”, he says.
TransportXtra is part of Landor LINKS
© 2022 TransportXtra | Landor LINKS Ltd | All Rights Reserved
Subscriptions, Magazines & Online Access Enquires
[Frequently Asked Questions]
Email: firstname.lastname@example.org | Tel: +44 (0) 20 7091 7959
Shop & Accounts Enquires
Email: email@example.com | Tel: +44 (0) 20 7091 7855
Advertising Sales & Recruitment Enquires
Email: firstname.lastname@example.org | Tel: +44 (0) 20 7091 7861
Events & Conference Enquires
Email: email@example.com | Tel: +44 (0) 20 7091 7865
Press Releases & Editorial Enquires
Email: firstname.lastname@example.org | Tel: +44 (0) 20 7091 7875
Web design london by Brainiac Media 2020